Farhad Nagiyev


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Farhad Nagiyev
Location: Baku, City, Azerbaijan
Activity: Services

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy 2 conditioners, 2 billiard-tables, to do capital repairs of his own tea-house
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 12, 2007
Date Disbursed: Feb 7, 2007
Date Funded:Jan 24, 2007
Loan Ended:Apr 7, 2008

About the Country

Country:Azerbaijan
Avg Annual Income:$6,171.00
Currency:United States Dollars (USD)



You can see a young man, who is enjoying with his business. He is a very kind, friendly and hard-working person.
This 39-year old man is Internally Displaced Person (IDP) from the Armenian-ocupied territory of Azerbaijan Fizuli region. He is married, has 2 children, settled in a dormitory of Yasamal region, which is located in Baku city.
He has run this business for 10 years.
Komak Credit Union help to him to begin his business.
Having borrowed a loan amount of $800, he bought tea-house equipments: tables, tea-pots, cups.
He has a lot of plans.
Farhad works very hard to bring about his plans.
Now he needs a loan of $1200 to buy 2 conditioners, 2 billiard-tables.
He desires to have the tea-house with all conveniences.
Farhad tries to create the good conditions for his clients in his tea-house.


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Top Lending Teams for this entrepreneur

Journal entries for Farhad Nagiyev


Loan has been disbursed
 
Entrepreneur: Farhad Nagiyev
Location: Baku, City, Azerbaijan

Thank you for your loan. It has been disbursed to Farhad Nagiyev by Komak Credit Union in Azerbaijan. We are excited to watch this business grow. Over the next 14 - 18 months, Komak Credit Union will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Baku, City, Azerbaijan
Feb 7, 2007
Comment on this entry

Thanks!
 
Entrepreneur: Farhad Nagiyev
Location: Baku, City, Azerbaijan

Farhad is grateful to Kiva. With the loan he improved his tea-house business. He is doing well. Having improved his business he started new business. Now he sells the foodstuffs and has a lot of clients.


Posted by Ulviyya Bayramova from Baku, City, Azerbaijan
Mar 12, 2008
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Kiva Help Repayment Schedule for Farhad Nagiyev

  Expected Repayments Actual Repayments Comments
May 2007 $85.71 $0.00 Repayment Received
June 2007 $85.71 $172.00 Repayment Received
July 2007 $85.71 $0.00 Repayment Received
August 2007 $85.71 $172.00 Repayment Received
September 2007 $85.71 $86.00 Repayment Received
October 2007 $85.71 $86.00 Repayment Received
November 2007 $85.71 $86.00 Repayment Received
December 2007 $85.71 $86.00 Repayment Received
January 2008 $85.71 $86.00 Repayment Received
February 2008 $85.71 $86.00 Repayment Received
March 2008 $85.71 $86.00 Repayment Received
April 2008 $85.71 $86.00 Repayment Received
May 2008 $85.71 $86.00 Repayment Received
June 2008 $85.77 $82.00 Repayment Received